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Abs morning brief: Domestic ABS Market Prices Expected to Maintain Narrow Range

Longzhong 2025-08-13 08:18:19

I. Points of Attention

1 、 Crude oil : 8/12: Markets continue to focus on the meeting between US and Russian leaders, with geopolitical tensions expected to ease further, leading to a drop in international oil prices. NYMEX Crude oil futures 09 Contract 63.17 Drop 0.79 USD / Bucket, month-on-month -1.24% ； ICE Brent crude futures 10 Contract 66.12 Fall 0.51 USD / Bucket, month-on-month -0.77% China INE Crude oil futures 2510 Contract increase 2.5 To 492.6 Yuan / Barrel, night market falls 1.8 To 490.8 Yuan / Bucket.

2. Price List:

Product	Region	8-11	8-12	Rise and fall
Styrene	China	892.5	900	7.5
Styrene	South Korea	882.5	890	7.5
Styrene	East China	7290	7370	80
ABS	Yuyao	9800	9800	0
ABS	Dongguan	8800	8750	-50
Note: 1 "Styrene in USD per ton, East China styrene, and ABS are in RMB per ton." 2 "ABS selects Yuyao Zhongyou 0215A." 3 The above table shows the prices in RMB, with the East China prices including tax and the Dongguan prices being cash prices. 4 The rise and fall are month-on-month changes.

3. Market Outlook

Yesterday, market transactions were average, and market traders offered discounts to facilitate sales. There was a lot of bearish sentiment, and prices struggled to rise. It is expected that today in the domestic market...ABSMarket priceMaintain a narrow consolidation pattern.

4. Data Calendar

Data Project

Publication date

Previous Data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

71.1%

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1 Consider an increase or decrease of more than 3% as a significant fluctuation, highlighting data dimensions with changes exceeding this threshold.

2 Considered as narrow fluctuations, highlighting data with changes within 0-3%.

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Abs morning brief: Domestic ABS Market Prices Expected to Maintain Narrow Range

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